Giles Deacon has signed a production and distribution agreement with the Italian manufacturer Castor. The objective of the agreement is ambitious: it should boost sales and enlarge the fashion designer’s distribution network.
Massimo Dutti is continuing its international development. The label from the Spanish group Inditex has made its first foray into two new markets, Colombia and the Philippines, bringing the number of countries in which the brand is present up to forty-one.
Western countries are using climate change as an excuse to constrain palm oil production in Asia because it competes with Western business interests, Indonesia's palm oil industry chief said on Wednesday 3 June.
India's biggest energy group, Reliance Industries Ltd, said on Wednesday 3 June a European textile unit, Trevira, had applied in a German court to start of insolvency proceedings with a restructuring plan.
L’Oréal, celebrating its centenary on Thurday 4 June, has risen to the top of the global cosmetics markets through acquisitions and innovations, but the economic crisis could weaken a well-oiled strategy.
British department stores group Debenhams plans to raise over £300 million ($499 million) on Thursday 4 June in a placing and open offer of new shares, two sources familiar with the matter told Reuters on Wednesday 3 June.
The hold-up perpetrated on Saturday 30 May at the Parisian jewellery store Chopard, Place Vendôme, is, with a haul of an estimated value of €6.6 million, one of the biggest jewellery heists recorded in France.
Neither a court summons against Chanel, nor subesequent difficulties have finished off textile company World Tricot: its founder, Carmen Colle, has organised the first catwalk of her brand “Angèle Baptist” in Besançon (France).